ISHARES CORE EURO STOXX 50 (EUE.MI) Stock Technical Analysis
BIT:EUE - Euronext Milan - IE0008471009 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to EUE. Although EUE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
EUE is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When comparing the yearly performance of all stocks, we notice that EUE is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month EUE has a been trading in a tight range between 54.12 and 56.55.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, EUE also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
44.23
56.89
When analyzing the support we can see 4 important areas.
- Support @55.11 from a trend line in the daily time frame.
- Support @49.87 from a trend line in the weekly time frame.
- A support zone ranging from 46.94 to 48.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.53 to 56.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.24
Mansfield0.52
10 Day High56.55
10 Day Low54.61
20 Day High56.55
20 Day Low54.12
52 Week High56.55
52 Week Low46
Performance
1 Week-0.02%
2 Weeks0.02%
1 Month1.82%
3 Month15.09%
6 Month10.18%
12 Month15.32%
2 Year26.4%
3 Year39.68%
5 Year96.39%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)55.1
LBB54.81
UBB56.51
BIT:EUE (3/7/2025, 7:00:00 PM)
55.51
-0.57 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.02%
1 Week-0.02%
2 Weeks0.02%
1 Month1.82%
3 Month15.09%
6 Month10.18%
12 Month15.32%
2 Year26.4%
3 Year39.68%
5 Year96.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%1.24%
ATR Inc23.36%
Range Today0.61
ADR(20)0.53
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.24
Mansfield0.52
10 Day High56.55
10 Day Low54.61
20 Day High56.55
20 Day Low54.12
52 Week High56.55
52 Week Low46
CS1 End55.11
CR1 Start55.53
Volume & EV
DER(3)0%
DER(5)0%
Volume75.84K
Volume Incr13.02%
Vol(5)44.58K
Vol(50)30.02K